Llapallanchis Purisunchis Group
Update on Llapallanchis Purisunchis GroupThe members belong to the “Llapanchis Purisunchis” communal bank located in Cusco District belonging to Cusco Province and Department.
Rosario, 46, has a spouse and two children. She works in her business selling clothes and lingerie. She sells sweaters, pants, shirts and stockings, among other clothes. She works from 8am until 7pm taking them to various institutions or to her friends. She’s been in business 8 years and does very well. Her dream is to have a store where she can sell the clothes. She’s asking for the loan to buy sweaters, stockings, shirts, pants and jackets. She’s grateful to all those who share her dream by this means and commits to make her payments as scheduled.
The other members sell clothes, sell crafts, run grocery stores and sell food.
The members in the photo attached to the group photo had their picture taken after because they asked permission due to work.
La socia es la Sra. Rosario ella es conviviente y tiene 46 años y tiene 2 hijos; La socia trabaja en su negocio de venta de ropa y lencería, la socia vende chompas,pantalones,polos,medias entre otras ropas, la socia trabaja desde las 8:00 a.m hasta las 7:00 p.m llevando a diferentes lugares como instituciones o sus amigos, la socia ya tiene 8 años en este negocio y le va muy bien, el sueño de la socia es tener un atienda donde pueda vender la ropa. La socia solicita el crédito para comprar chompas, medias, polos pantalones y casacas.
Los socios que estan pegados a la foto grupal se les tomo despues la foto porque pidieron permiso por motivos de trabajo.
Los otros socios se dedican al negocio de venta de ropa, negocio de venta de artesanía, negocio de tienda de abarrotes y negocio de venta de comida.
La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.
Previous Loan DetailsThese are members of the “LLAPALLANCHIS PURISUNCHIS” communal bank, located in the Cusco district, part of the Cusco province and department. Eveling is single and 23 years old. She restores works of art such as framed art and paintings and works from 8:00 am to 6:00 pm. She’s been doing this… More from Llapallanchis Purisunchis Group's previous loan »
Important InformationAbout Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
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Success!! The loan was 100% repaid